Dentons (JD Supra Ireland)
Stamp duty and affordable housing charges
The Irish government has increased the rate of stamp duty payable on the purchase of residential units (houses and duplexes), where 10 or more such units are acquired by one party (or by one party and a "connected party") over a 12-month period, to 10% from the current rate of 1% on the first €1 million (and 2% on the value in excess of €1 million). In the event that the 10 units are acquired in...
Commercial contracts in Ireland and Irish parties to international contracts governed by civil law: points to bear in mind due to COVID-19
The essence of any contract is that the parties make a bargain involving mutual commitments. A decision by one or more parties not to honor any of those commitments, or the objective inability to do so, can thus lead to contractual disputes. COVID-19, categorized as a global pandemic by the WHO since 11 March 2020, has significantly affected an array of commercial contracts: interrupting supply...
"Common Sense Prevails": Northern Ireland Housing Executive v. Healthy Buildings (Ireland) Limited  NIQB 43
Where a compensation event has occurred and additional costs have been incurred, can a contractor claiming compensation rely on forecast costs to assess the effect of the compensation event? Common sense dictates no.